XTIA (XTI Aerospace) Cash And Cash Equivalents : $4.11 Mil (As of Dec. 2024)

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What is XTI Aerospace Cash And Cash Equivalents?

XTI Aerospace's quarterly cash and cash equivalents declined from Jun. 2024 ($5.78 Mil) to Sep. 2024 ($0.51 Mil) but then increased from Sep. 2024 ($0.51 Mil) to Dec. 2024 ($4.11 Mil).

XTI Aerospace's annual cash and cash equivalents declined from Dec. 2022 ($9.28 Mil) to Dec. 2023 ($6.25 Mil) and declined from Dec. 2023 ($6.25 Mil) to Dec. 2024 ($4.11 Mil).

XTI Aerospace Cash And Cash Equivalents Historical Data

The historical data trend for XTI Aerospace's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XTI Aerospace Cash And Cash Equivalents Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

4.32

9.28

6.25

4.11

XTI Aerospace Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial							6.25	1.80	5.78	0.51	4.11

XTI Aerospace Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

XTI Aerospace (NAS:XTIA) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

XTI Aerospace Cash And Cash Equivalents Related Terms

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XTI Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

8123 InterPort Boulevard, Suite C, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS). The Company's operations are located primarily in the United States, Germany, and the United Kingdom.